How are your finances lately? Worried about money?
Well, Biden's treasury secretary says higher prices aren't a problem because all of us little people are apparently getting big phat raises from our bosses!
Let's take a poll.
20% is a very conservative estimate. It's what CNBC reported a year ago for the rise in the cost of groceries between 2021 and April 2023. Those with less cheerful models look at 30% as the lowest estimate in how high the total cost of living has risen.
Tom certainly has thoughts on why Yellen keeps saying things like this.
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